Friday, 6 May 2011

Saving plan is an essential part of your financial plan. Without a plan, you will not be able to achieve your financial goals. When you have saved the total amount of money that you had planned, transfer the whole sum into a fixed deposit or some other "vehicles" that can earn more return.

Set your investment GOALS!!!

Once you are saving on a regular basis, you will need to start making important decisions on how to invest your money. Easy, state your investment goals by asking yourself:-

a)What are your financial goals?

b)Why save and invest your money?

c)How much you need to save and how much to invest to achieve your goals?